Ibex 35 started Monday’s session, the first of the week, with a decline of 0.12%, which led to the index 9,927.5 points, On a day when investors await the intervention of European Central Bank (ECB) president Christine Lagarde in front of the European Parliament’s Economic and Monetary Committee.
The Madrid selector rose 0.34% to 9,939 points last Friday, which caused it to break its record. fourth week positive It continues at the highest levels since February 2020.
On the business front, Telefónica will inform unions this Monday about the exit plan it is preparing after starting deal negotiations. Specifically, the operator will provide unions with more information on: “what are the company’s needs” andIt’s about the personnel adaptation you want to make.
Under the macroeconomic umbrella, This week, investors will be waiting for the November manufacturing PMI and Consumer Price Index (CPI) series to be published in Spain, Germany and the US.
The biggest gains in Ibex 35 were recorded in the early stages of this session IAG (+0.59%), Bankinter (+0.56%) and Rovi (+0.54%) On the opposite side were the most prominent ‘red lanterns’ Repsol (-0.64%) and Banco Santander (-0.45%).
Major European stock exchanges opened this Monday with a mixed trend: London 0.18% remained and in frankfurt0.15%, whereas Paris increased by 0.09% and Milan0.06%.
Prices at stock market opening barrel of Brent quality oilThe US index, which is the reference for the Old Continent, fell 0.68 percent to below $80, while Texas’ index fell 0.79 percent to $74.94.
In the foreign exchange marketWhile the price of the euro against the dollar was at $1.0947, Spain’s risk premium was around 100 basis points and the interest on the 10-year bond was at 3.611%.